Employees – What Expenses You Can Deduct On Your Tax Return

Employees – What Expenses You Can Deduct On Your Tax Return

There are some situations where an employee can deduct expenses on their tax return. And you have more deductions available to you if you are paid commissions.

Employees – Salaried

You are quite limited as to what you can deduct. A list of allowable expenses is outlined in the following link.

To be allowed to deduct expenses, your employer will have to complete a T2200 form which confirmed that you had to incur expenses through your employment.

Employees – Commissioned

Commissioned employees have more opportunities deduct expenses, eligible deductions are outlined here. T2200 form must again be completed by your employer.

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